Shamrao Vithal Co-operative Bank Limited was established when co-operation was just getting started to achieve ground in the country. The main aim of the bank is to assist the less privileged people of the society about the financial business, to promote financial savings and to generate funds for offering financial help to worthy members. The main architect of the bank was Rao Bahadur Shripad Subbarao Talmaki. On 27th December 1906, the Bank was initially authorized as a Co-operative Credit Society.

This is the different type of the bank which is placed on selfless services of all the people and establishments who would like to help on their own progress. The main mission of the bank is to achieve the customer satisfaction by providing loyalty and honesty to their customers. The bank provides services to the doorsteps for the customers. They are committed to approachability, simplicity and transparency in their dealings with all our stake holders.

They might make use of their staff involvement and inclination toward togetherness to create high levels of teamwork and performance. They shall mobilize assertively, make investments prudently, disburse prudently, recover assiduously, and create a learning organisation that offers products and services attached with and ahead of the times. Shri Suresh S. Hemmady is the Chairman and Shri Udaykumar P. Gurkar is the Vice Chairman of the bank. The Shamrao Vithal Co-operative Bank Ltd. has been issued the Authorised Dealer Category certification by the Reserve Bank of India. The Bank offers complete gamut of items for foreign exchange business to its clients. The International Consumer banking Division has established correspondent dealings with international and Indian banks.